Description
* Analyze various reports, financial statements, bank records, and other sources to identify fraud or other instances of financial crime.
* Sifts through large amounts of data to isolate pertinent information and determine accounts that need further investigation.
* Utilizes numerous internal and external resources to identify ID theft, fraud, money laundering, collusion, bust out and other nefarious activities.
* Performs comprehensive investigations and research to calculate the potential loss / exposure associated with the account.
* Works with Financial Institutions, legal departments and Industry contacts to recover funds.
* Works with law enforcement at local and Federal level to assist with Investigations
* Write investigative summaries for all levels of leadership, law enforcement and regulators.
* Provide post-mortem analysis of cases and make recommendations to prevent future losses.
* Present investigation findings to peers and leadership.
* Partner with Internal departments to collect or distribute sensitive information regarding merchant accounts.
* Update internal systems with investigation findings and resolutions.
* Update, maintain and release ongoing merchant reserves and deposits.
* Obtain and maintain Industry certifications (CFCI)
* Stay up to date on fraud trends through continuous education via industry conferences, training courses and periodical reviews.
* Maintain a working knowledge of all Risk related card brand rules and regulations.
* Maintain a working knowledge of local and company AML guidelines.
* Identify and file suspicious activity reports with regulatory agencies.
* Work with external partners to reach resolutions on non-direct accounts that are identified as problematic.
* Timely and consistent messaging to clients/merchants while delivering superior client experience.
* Work with Sponsor banks and the card brands to resolve risk related items (card testing, identified fraud programs, chargeback programs etc)
* Prepare reports for governing Institutions and agencies (Sponsor Banks, local government, Audit)
* Performs other related duties as required
Required Qualifications
* High School Diploma or equivalent
* 1 year of GPI Risk experience and performing at a Meets Expectations OR 2 years of Risk/Fraud industry experience or 5 years of experience in Payment Processing
Preferred Qualifications
* Associates or Bachelors Degree
* Financial Crimes Investigator certification (CFCI, CFE, CFCS)